Скачать или смотреть RBI's $10 Billion Buy-Sell Currency Swap To Infuse Liquidity: What It Means For The Economy?

RBI has conducted another dollar rupee swap in just one month gap. The Reserve Bank of India on February 21 decided to inject rupee liquidity for a longer duration through another $10 billion dollar rupee buy-sell arrangement after $5 billion dollar rupee swap less than a month ago which is set to reverse on August 4. This is the largest-ever dollar/rupee swap auction by RBI. What is this rupee dollar swap and why was it done? Pallavi Sharma explains the currency swap mechanism.

#dollar #rupee #rbi #liquidity #etnow #etnownews


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